VOYGVoyager Technologies, Inc.
VOYG Options Overview
IV is elevated with bearish flow. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
VOYG Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 92.0% — elevated vs history
IV/HV 1.51x — IV premium over HV
Sector percentile 94% — above sector median
Front/Back 0.98x — contango
Put/Call IV 1.16x — elevated
ATM IV 82.5% — crisis-level IV
Effective IV 133.5% (ATM 82.5% + spread 25.5% + bias) — expensive
Total drag 35.62% (spread 25.51% + slippage 10.11%) — high friction
Vega efficiency 1.61 (vega 4.114 / spread 25.51%) — spread drag
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -37% (strong bearish) — Raw: -36%
|OI skew| 58.3% — call-heavy
Vol skew -55.8%, OI skew +58.3% — divergent (opposite)
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +2%, ATM: +0%, OTM: -53% — neutral (ITM/ATM divergent)
Sector P/C percentile 90% — very bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.4x avg — normal
Vol/OI 0.5% — normal turnover
1 day(s) elevated — may be one-day event
OI change +1.0% (5d) — stable
Sector activity percentile 29% — below sector avg
Large trade volume 0% — mostly retail
Aggressive execution 32% — patient
Conviction -37 (bearish) — moderate
Liquidity
Can I trade efficiently?
Evaluates
Spread 25.5% — wide
OI 57,940 — deep
Volume 321/day — thin
$1.28 to cross — expensive
1 liquid strikes — limited options
Sector spread percentile 96% — much wider than sector
Depth 263.5 contracts (bid:143.8 ask:119.7) — adequate
Avg slippage 10.11% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -1.9% — flat/unclear
IV percentile 92% — seller opportunity
IV kink -3.9pts — no clear event
θ/ν ratio 74.54 — favors income trades
4 liquid expirations — flexible
caution advised: FOMC in 5d; CPI in 0d (HIGH)
Spread ratio 1.00x — stable
Flow -37% @ 69% consistency — moderate (bearish)
Score 30 (ITM 20% + inst 0%) — retail dominated
Directional Strategy Fit
For educational purposes only. Not investment advice.
The Options Desk tracks the move options price into every US earnings report the week of Sep 7, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.